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Dec 27, 2012
12/12
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. until the pyramids of private money built on the tribute collapsed on their own weight. planet earth was simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the -- in this conflagration, the global minotaur was wounded. while in rude health, the minotaur formed new forms of pleasure and new forms of deprivation. ample security for
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that...
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Dec 24, 2012
12/12
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but competitors in china are, rush show were trading on a daily basis. -- my competitors in china and russia work training. this is a position of irritation of a triple jump. i was like a robot in the sense that everything i was doing, the hours i was putting in it, the morning, the afternoon, the evening, i trained all they basically. my first session, 10:00, i was basically of the rank by nine and my last session would be at 6:00-6:30. then i would go to the gym. i look back, no wonder i was in really good shape. >> where did that drive? how did that drive? where do you get that drive? >> we were talking earlier about the role of parents. when you had mentioned the tiger mom or the tiger parents, we did not have tiger parents. they were there to support me and be there in times when i needed a push culminated motivation. it is just one of those things when you have a passion and a vision. you do not see anything else. that is what drives you every day. >> you just got engaged. are you going to be a tiger mom. [laughter] >> looking at the way i was raised with a set of rules and just
but competitors in china are, rush show were trading on a daily basis. -- my competitors in china and russia work training. this is a position of irritation of a triple jump. i was like a robot in the sense that everything i was doing, the hours i was putting in it, the morning, the afternoon, the evening, i trained all they basically. my first session, 10:00, i was basically of the rank by nine and my last session would be at 6:00-6:30. then i would go to the gym. i look back, no wonder i was...
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Dec 25, 2012
12/12
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my relation to china -- i went with a professor who went to china. the press said -- what are you doing? >> i said i am writing a book. there are about 600 of them and they speak english. it is like talking to a group in texas. there is no problem in understanding how the system works. exactly what they said. how do we get from here to there? to which my response is, i do not know. that is a problem for you to solve, i cannot do it. what is it that they seem to be interested in? it is so obvious. do you think this rule of law has been given on day one and suddenly it was followed? of course not. do not think democracy will solve them. it is both your friend and your enemies. hamilton and madison right the document. it is a very good document. ask any of us on the courts, we would be in agreement on the basic things. the basic framework is it creates institutions of democracy. people can decide for themselves what kinds of community they want it is a special kind of democracy. it is a democracy that protect certain basic human rights that assures some
my relation to china -- i went with a professor who went to china. the press said -- what are you doing? >> i said i am writing a book. there are about 600 of them and they speak english. it is like talking to a group in texas. there is no problem in understanding how the system works. exactly what they said. how do we get from here to there? to which my response is, i do not know. that is a problem for you to solve, i cannot do it. what is it that they seem to be interested in? it is so...
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Jan 1, 2013
01/13
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we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on that. it sounds like a small summit. it is a low growth rate. which rain nobles in particular do you see having that sort of potential? >> double energy demand in world. they supply 30's are of it from renewables. it takes everything. yet here is part of that. there are some breakthroughs coming through. -- wind is part of that. there are some breakthroughs coming through. all of these are important. they all need additional technology applied to them. it is always interesting to see what we as a company do. our focus when it comes to the idea of why we would push renewables our focu
we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on...
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Dec 10, 2012
12/12
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we agreed and a lot of people say how are we going to compete with china and we can have the entire world at our disposal. under which the best people in the world can come to the u.s. and start businesses. >> then we have to focus on a special in the corporate tax reform to get the system which is simpler and promotes efficiency and these are for american businesses. then we have to and that will -- efficiency will be enormous. the next is an infrastructure investment to be made. in the context of the budget deal we are getting where we will spend less going forward. we have to think about what our values are and the most important things we can spend money are on infrastructure to make investments in the future rather than have short-term spending. and twin that with support for research, basic research and higher education and for education. if government does that and create some certainty, tell us what it will be. with respect to health care costs and energy costs. and then i think it will create the conditions under which businesses will be able to create a renaissance of american c
we agreed and a lot of people say how are we going to compete with china and we can have the entire world at our disposal. under which the best people in the world can come to the u.s. and start businesses. >> then we have to focus on a special in the corporate tax reform to get the system which is simpler and promotes efficiency and these are for american businesses. then we have to and that will -- efficiency will be enormous. the next is an infrastructure investment to be made. in the...
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Dec 31, 2012
12/12
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on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand if you have heard of that? i thought we would have more in the audience. the reason you have not heard of it is that it only allows from 1960 until 1975, when things did not go that well. the point of the example is that they don't last. they go on for a while and systems are prone to booma nd bust. -- boom and bust. we keep thinking the chinese one is going to last forever. this is going to last forever. it is going to slow down a lot more. why does that give us insight into the grove miracle? let me take
on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand...
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Dec 10, 2012
12/12
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guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more focused at home. it is of concern a rise in china but not at the level of the united states. that is a concern. it is a time for real debate in this country about where we go. it is time to relook at our national priorities. everybody thinks the pentagon is on the table. host: that is why we are focusing on this morning, focusing in on the pentagon and sequestration. that call it put the figure of the wars at $300 billion. guest: i think it is higher. it probably goes higher than that number. host: overall? guest: the oco funding got up to about $170 billion at its highest point. it is well in excess of $300 billion. we are probably talking close to a trillion dollars, depending on how you do the math. host: paul, are you in the military? caller: retired. host: go ahead. caller: we had a certain amount of money we had to spend on repair ports every quarter. we were told if you do not spend
guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more focused at home. it is of concern a rise in china but not at the level of the united states. that is a concern. it is a time for real debate in this country about where we go. it is time to relook at our national priorities. everybody thinks the pentagon is on the table. host: that is why we are focusing on this morning, focusing in on the...
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Dec 11, 2012
12/12
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a piece that relates to technology companies, a lot of people say how are we going to compete with china with 1.3 billion people? the answer is we can have the entire world at our disposal by creating conditions that the best people in the wormed can come to the united states and study. >> and stay and start businesses. >> two, then we have to focus on faction, particularly the corporate tax reform, to get a system which is simpler and promotes efficiency and makes it easier for businesses to compete if the world. third, then we have to -- that will create -- that will be enormous. third, then there is a infrastructure investment that needs to be made. this is very important because in the context of the kiped of budget deal we'll get where we'll spend less going forward as businesses, we have to think about what our values are with respect to what we'll spend money on. the most important things we can spend money on is infrastructure to again create -- make investments in the future rather than just short-term spending. and then twin that with important support for research, basic resea
a piece that relates to technology companies, a lot of people say how are we going to compete with china with 1.3 billion people? the answer is we can have the entire world at our disposal by creating conditions that the best people in the wormed can come to the united states and study. >> and stay and start businesses. >> two, then we have to focus on faction, particularly the corporate tax reform, to get a system which is simpler and promotes efficiency and makes it easier for...
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106
Dec 27, 2012
12/12
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communist china killed far more of those two tyrannies combined, with no christian heritage to speak of. there are serious scholars that makes serious arguments that there is something and luther's temperament that was germanic. he was no democrat. the more, the merrier. religious factions or alternative sources of social authority. what you want is a society in which the state does not monopolized social authority. >> you talked extensively about religion in the united states contributing to [inaudible] there is one particular force that think they can inflict their views on this country. they insist said it was the intention of the founding fathers to create a christian equivalent of iran, which i do not think is the case. just because you are religious, it does not make you write all the time. >> get in line with everybody else. with respect, i disagree with what you just said. the religious right, which i obviously am not a member, rose after the religious left in the form of the reverend martin luther king and jesse jackson, etc., etc. the religious right was provoked into polit
communist china killed far more of those two tyrannies combined, with no christian heritage to speak of. there are serious scholars that makes serious arguments that there is something and luther's temperament that was germanic. he was no democrat. the more, the merrier. religious factions or alternative sources of social authority. what you want is a society in which the state does not monopolized social authority. >> you talked extensively about religion in the united states...
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Dec 17, 2012
12/12
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also he said he would like to stop the challenge from china over the disputed islands. will the u.s. support that division? >> first of all we would like to congratulate liberal democratic party presidential and so i -- election.'s the u.s.-japan airlines serves as a cornerstone of peace and prosperity in the asia-pacific and look forward to working closely with the new japanese prime minister, cabinet, and the people of japan for bilateral, regional, and global issues. i would also like to say the president appreciates prime minister nota's contributions to u.s.-japan relations on a number of issues and would like to thank the prime minister for his service and wish him well in his future endeavors. as you know, the new prime minister does not take office -- and i did not want to get ahead of that, before we start talking about potential meetings or policy discussions with him. >> you made the point about -- that that was not the day to talk about policy, talking about gun control. but we are looking for more specifics especially since the president said quite plainly
also he said he would like to stop the challenge from china over the disputed islands. will the u.s. support that division? >> first of all we would like to congratulate liberal democratic party presidential and so i -- election.'s the u.s.-japan airlines serves as a cornerstone of peace and prosperity in the asia-pacific and look forward to working closely with the new japanese prime minister, cabinet, and the people of japan for bilateral, regional, and global issues. i would also like...
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94
Dec 20, 2012
12/12
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we have to protect them against china. mitt romney got something right in his debate against the president when he said he's not afraid of toughening sanctions against china for currency manipulation because he said, people say they're going to cut off the trade. they make an enormous amount of money out that have trade, why would they cut it off? agreed. why would the chinese shut down the navigation routes in which they make an enormous amount of money? it's like domino's deciding to tear up the streets so they couldn't deliver the pizza but we are spending money on a navy that protects every shipping lane everywhere in the world as if we were the only ones who had that interest. now let me get this one. surprising from conservatives. to airlift humanitarian aid anywhere in the world. now, i wish we were doing more in haiti. i wish we were doing more to stop children from dying of illness in africa. but we have to give humanitarian aid anywhere in the world to our wealthy allies and others? frankly i wish we were better
we have to protect them against china. mitt romney got something right in his debate against the president when he said he's not afraid of toughening sanctions against china for currency manipulation because he said, people say they're going to cut off the trade. they make an enormous amount of money out that have trade, why would they cut it off? agreed. why would the chinese shut down the navigation routes in which they make an enormous amount of money? it's like domino's deciding to tear up...
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165
Dec 17, 2012
12/12
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josh hicks reports -- guest: i just got back from china, and we talked about the electoral college there, and a state that have a problem with freedom, you know, and democracy. they can't figure it out. i tried to explain to them and they still wonder why do we still have this if we were this representative democracy and the people have their way. very interesting. host: how did you answer the question? guest: i tried to explain the foundation. the fact we have federalism and states have power and in this particular case it is the power to select a president. they did not want congress to do it. but they still cannot buy it, i don't think. host: on twitter -- asking to explain the historical justification and why do we need it now. guest: the justification for it at the founding was they did not want congress to make the selection of the president. they wanted to take away from the capital where maybe chicanery would occur and people would do deals. they wanted it to respect federalism, a federal election rather than a national legend. it was very explicit in the debate. and then there w
josh hicks reports -- guest: i just got back from china, and we talked about the electoral college there, and a state that have a problem with freedom, you know, and democracy. they can't figure it out. i tried to explain to them and they still wonder why do we still have this if we were this representative democracy and the people have their way. very interesting. host: how did you answer the question? guest: i tried to explain the foundation. the fact we have federalism and states have power...
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Dec 24, 2012
12/12
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it's been a great pleasure to serve a thoughtless member denigrate china. i want to passmy congratulations on to them, to wish everyone a merry christmas. and jason ault meyer. i forgot my friend jason also. he was on and then off and then back on. he did serve. we appreciate his service. i wish everyone a merry christmas. we can go on and on. anyway, we may have to get a whole list to read. anyway, merry christmas, we are adjourned. [inaudible conversations] [inaudible conversations] samaj [inaudible conversations] [inaudible conversations]
it's been a great pleasure to serve a thoughtless member denigrate china. i want to passmy congratulations on to them, to wish everyone a merry christmas. and jason ault meyer. i forgot my friend jason also. he was on and then off and then back on. he did serve. we appreciate his service. i wish everyone a merry christmas. we can go on and on. anyway, we may have to get a whole list to read. anyway, merry christmas, we are adjourned. [inaudible conversations] [inaudible conversations] samaj...